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Starting Your Business In 5 Steps

Starting a business can be nerve-wracking and scary for anyone, but the biggest worry is, where do I start? Here are 5 simple steps you need to start your business.

  1. Choose Your Business Name

Brainstorm

As simple as it sounds, sometimes choosing a business name can be hard, but selecting an appropriate business name is a crucial step in establishing your business. Start by brainstorming words, phrases, and concepts that relate to your business, its mission, products, or services. Consider what makes your business unique or what values you want to convey.

Check Legal Requirements

Ensure that the name you choose complies with local, state, and national business name regulations. This may include checking for trademarks, copyrights, and other legal restrictions.

Consider Branding

Think about how the name will look on your logo, website, and other marketing materials. It should be easy to spell, pronounce, and remember. Avoid overly complex or lengthy names. Future Expansion Think about your long-term goals. Will the name still be relevant and appropriate if you expand your product line or services in the future?



2. Register Your Business


Registering your business is a crucial step in establishing its legal and operational framework. The specific process and requirements can vary depending on your location and the type of business you're starting.

Choose a Business Structure:

Decide on the legal structure for your business, such as a sole proprietorship, partnership, limited liability company (LLC), corporation, or other options. The structure you choose affects your liability, taxes, and registration requirements.

Register Your Business Name:

Depending on your location, you may need to register your business name with the appropriate government authority. This is especially important if you are using a name other than your own legal name.


Obtain an Employer Identification Number (EIN):

An EIN, also known as a Federal Tax Identification Number, is necessary for tax purposes. You can apply for an EIN through the IRS website.

Apply for Business Licenses and Permits:

Determine what licenses and permits are required for your type of business and location. These can include general business licenses, health permits, zoning permits, and more. Contact your local business development or licensing office for information.

Open a Business Bank Account:

Separate your personal and business finances by opening a business bank account. This is important for tax purposes and maintaining clear financial records.


3. Create A Logo


Your logo will be the face of your business and is another important step in establishing your business. When your consumers see your logo, they will see you. You want to make this something memorable. Take Nike, for example, the company logo is a checkmark, and when their consumers see a checkmark, they almost always associate it with Nike.


Where Can I Get a Logo?

Hire a Professional Designer: Consider hiring a professional graphic designer or a design agency. They can create a custom logo tailored to your brand's identity and vision. Look for designers on platforms like Upwork, Fiverr, or Behance, or seek recommendations from your professional network.

Can I Make a Logo Myself? Of course, you can, but keep in mind the guidelines you have to follow. Some DIY logo websites will give you templates that are ready to go, but fail to inform you that you will never be able to trademark those logos as your own. Chances are hundreds of people are using that same exact logo with a different name, so your best chance is to hire a professional or make your logo from scratch.



5. Build a Website


We live in an era where online presence is very important. Let’s be real; everything revolves around the internet, and the first thing people do to find out information about your business is look up your website.

Choose a Domain Name:

Your domain name is your website name; for example, www.nike.com. Select a domain name that reflects your business and is easy to remember. Register the domain through a domain registrar. You can register your domain at websites like Namecheap, GoDaddy, Wix, Squarespace, etc.


Select a Web Hosting Provider:

Choose a reliable web hosting provider that suits your needs. Popular options include Bluehost, HostGator, and SiteGround. Many providers offer easy website builders and one-click installation of content management systems (CMS) like WordPress.

Design Your Website:

Decide whether to build your site from scratch using HTML/CSS or use a website builder or CMS. CMS platforms like WordPress, Wix, and Squarespace are user-friendly and offer customizable templates. For this step, you can do it yourself, or you can hire a professional to build your website for you.

Test and Debug:

Test your website thoroughly to ensure all links, forms, and functionality work correctly. Fix any issues or bugs.

Launch Your Website:

Once your website is ready, publish it and make it accessible to the public. Promote it through your social media channels and other marketing efforts.



5. Start Connecting


You’re a business owner, and that means you’re going to have to talk to people. At first, it will be scary, but I promise you after you talk to a couple of people, you will open up. The most important thing to remember is the person you’re talking to is human too. We’ve all had scary experiences, but it’s those experiences that help you grow.

Where Can I Start? Attend Local Events When I first started my business, I didn’t have any clientele. I would attend local events and talk to other business owners and make conversation. I’d talk to them about how they started their business and where they see themselves in the future. This not only encouraged me, but 9/10 would give the person I was talking to a good impression and we would exchange contact information. After a while, these same people would reach out to me for my services. It’s all about the impression you leave on people. You don’t always have to try to sell yourself, just have a genuine conversation.


Social Media

We hold one of the biggest forms of communication right in the palm of our hands, our cell phones. Social media is a huge part of communication and starting your business. We have the opportunity to showcase our work and reach out to others via comments, messages, even email. Start off slow like commenting on other people's posts and showing your interest; this is what builds a relationship, and eventually, you’ll start messaging one another, which could potentially lead to a business opportunity.

LinkedIn Networking:



LinkedIn is a powerful platform for professional networking. Connect with colleagues, clients, and industry influencers. Share updates about your business, engage in discussions, and endorse others' skills.

Collaborate with Others:

Seek opportunities for collaborations and partnerships with complementary businesses. Joint ventures and partnerships can expand your network and introduce you to new audiences.

Again, starting your business can be hard, but don’t be discouraged. No matter how long you’ve been a business owner, you’re always learning new things. We all start somewhere; some of us may have it a bit easier than others, but our goal to succeed is the same. Work hard, and your opportunity will come."





2 Comments


Wow amazing work, when I get back home I’m definitely going to follow these simple steps!

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Derya Akbayrak
Derya Akbayrak
Oct 05, 2023
Replying to

Thank you, I'm glad I could help!

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